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Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for March - April, 2019 loading.
 
According to Bid Notice No. KOSPO-Coal-2019-SC-EST01 terms, coal producers are required offer 320,000 MT minimum 3,800 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
320,000MT (±10%) (80,000 x 4 Panamax)
 
Restrictions
Coal producers, who own a single mine with the annual production record of Min. 10 million tons in recent year (marketing companies or trading companies are not allowed.)
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Quality (NCV Min. 3,700 kcal/kg)
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 4.5%
Total Sulfur (arb) Max 0.2%
Net Calorific Value Min. 3,700  Kcal/Kg minimum
 
Procurement Method
International e-tender
 
Bid closing date
13:00 January 18, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
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Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...


Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...


Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...


Wednesday, 19 December 18
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While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...


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